G & M Masters Foundation
Private foundation · Edmonton, Alberta · BN 822274494RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($9,613) as filed with the CRA.
G & M Masters Foundation is a private foundation based in Edmonton, Alberta, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $2,263 in revenue and $9,613 in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 29% of peers.
As a grantmaker, it reported gifts to 4 qualified donees totalling $7,500 in 2024, the largest being $5,000 to Justice Centre for Constitutional Freedoms. Revenue has grown substantially over its filings on record here, from $620 in 2020 to $2,263 in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The foundation continues to review the programs of qualified donees involved in education programs training and literacy.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2,263 | $9,613 | — | — | $7,500 | $171K |
| 2023 | $2,845 | $12K | — | — | $10K | $178K |
| 2022 | $1,301 | $24K | — | — | $22K | $187K |
| 2021 | $246 | $35K | — | — | $27K | $210K |
| 2020 | $620 | $22K | — | — | $20K | $245K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $7,500 to 4 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Monique Achtman (director); Gerard Lambert (director); Marilynne Lambert (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from G & M Masters Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 822274494RR0001), or read how we compute the receipt.